27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Halliburton Company (NYSE:HAL) reported Q3 FY23 revenue of $5.804 billion, missing the consensus of $5.855 billion.
Operating income increased to $1.037 billion from $846 million a year ago, and the margin of 17.9%.
Adjusted EPS was $0.79, beating the consensus of $0.77.
Completion and Production revenue increased to $3.487 billion from $3.136 billion a year ago, and the corresponding operating income rose to $746 million from $583 million the prior year.
Drilling and Evaluation revenue increased to $2.317 billion from $2.221 billion prior year, and operating income grew to $378 million from $325 million a year ago.
Total cash flows provided by operating activities year-to-date totaled $2.048 billion.
Also Read: Halliburton Under Scrutiny for $7.1M Equipment Trade With Russia, Eyebrows Raised
In Q3, Halliburton repurchased $198 million of common stock.
"Halliburton delivered an impressive third quarter and our margin strength demonstrated the power of our strategy. I am pleased with the stability of our North America business and the profitability of our International growth," said Jeff Miller, Chairman, President and CEO.
Also Read: Halliburton And Core Laboratories Collaborate To Accelerate Digital Rock Data Solutions
Price Action: HAL shares are trading lower by 1.06% at $41.21 premarket on the last check Tuesday.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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